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TransWorld Publishing completed the following transactions for one subscriber during 2018 (Click the icon to view the transactions) Requirement 1. Journalize these transactions (explanations not required). Then report any liability on the company's balance shoot at December 31, 2018 Record dubts best then credits Exclude explanations from journal entries) Start by journalizing the October 1st transaction Recall TransWorld Publishing sold a one-year subscription, collecting cash of $2,100, plus sales tax of 10% Journal Entry Accounts Debit Credit Date Oct 1 uit uansacuonis sactions (explanations not required). Then report any liability on the company's balance sheet at December explanations from journal entries.) October 1st transaction. Recall TransWorld Publishing sold a one-year subscription, collecting cash of $2,100 AD 1 More Info Oct 1 Nov 15 Dec 31 Sold a one-year subscription, collecting cash of $2,100, plus sales tax of 10%. The subscription will begin on October 1 Remitted (paid) the sales tax to the state of Nebraska Made the necessary adjustment at year-end. Print Done Start by journalizing the October 1st transaction. Recall TransWorld Publishing sold a Journal Entry Accounts Date Debit Cre Oct 1 Cash Equipment Interest Expense Note Payable, Short-Term Sales Tax Payable Subscription Revenue Unearned Subscription Revenue

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